Note that this is exactly what markets and business leaders expected. Doesn't mean the deal is off, just that there's lots of jawboning ahead: www.bloomberg.com/news/article...
Well put (as always). The dollar’s trading as if near-term tail risks have been slightly reduced, but otherwise no game-changer for the Fed’s policy trajectory.
US economic surprise index showing clear signs of accelerating beyond seasonal norms—even ahead of today's blockbuster non-farm payrolls report:
At this rate, he’ll be president in ‘29.
"He won't have any choice," Trump told the FT in a telephone interview. "I call the shots. I call all the shots. He [Netanyahu] doesn't call the shots.
Narrator: He [Netanyahu] did, in fact, call the shots.
Korean won plummeting toward 1997 Asian Financial Crisis levels:
1. Are people selling bitcoin to buy SpaceX?
2. If so, does that mean—despite abundant evidence to the contrary—the total addressable market of greater fools actually has limits?
Arguably the biggest paradox in markets right now: uncertainty over the Trump administration’s policy direction is suppressing—not raising—volatility expectations: www.wsj.com/economy/when...